# AT&T INC. (T) FY2024 Q1 P&L / Income Statement - Company: AT&T INC. (T) - Period: 2024-01-01 to 2024-03-31 - Filing: Q1 FY2024 10-Q, filed 2024-05-02, accession number 0000732717-24-000022 - Page: https://plicit.ai/financials/t/fy2024-q1-income-statement - Chart image: https://plicit.ai/charts/t-fy2024-q1-income-statement-sankey.png ## Chart details: Revenue by Product and Service (6 categories) Income statement for 2024-01-01 through 2024-03-31. View: Product and service (6 categories). Revenue and costs use their disclosed categories. - **Total operating revenues**: 30,028,000,000 US dollars - **Cost of revenue (calculated)**: 11,954,000,000 US dollars - **Gross profit (calculated)**: 18,074,000,000 US dollars - **Operating expenses (calculated)**: 12,227,000,000 US dollars - **Operating Income**: 5,847,000,000 US dollars - **Total other income (expense)**: negative 978,000,000 US dollars - **Income Before Income Taxes**: 4,869,000,000 US dollars - **Income tax expense**: 1,118,000,000 US dollars - **Net Income**: 3,751,000,000 US dollars - **Equipment revenue**: 5,186,000,000 US dollars - **Wireless service**: 16,684,000,000 US dollars - **Business service**: 4,700,000,000 US dollars - **Broadband**: 2,722,000,000 US dollars - **Legacy voice and data**: 404,000,000 US dollars - **Other**: 332,000,000 US dollars - **Equipment cost of revenue**: 5,143,000,000 US dollars - **Other cost of revenues (exclusive of depreciation and amortization shown separately below)**: 6,811,000,000 US dollars - **Selling, general and administrative**: 7,021,000,000 US dollars - **Asset impairments and abandonments and restructuring**: 159,000,000 US dollars - **Depreciation and amortization**: 5,047,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to AT&T INC.: $3.45 B; to noncontrolling interests: $306.00 M. ## Chart details: Revenue by Product and Service (2 categories) - Page: https://plicit.ai/financials/t/fy2024-q1-income-statement/revenue-by-product-and-service-2-categories - Chart image: https://plicit.ai/charts/t-fy2024-q1-revenue-by-product-and-service-2-categories-sankey.png Income statement for 2024-01-01 through 2024-03-31. View: Product and service (2 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total operating revenues**: 30,028,000,000 US dollars - **Cost of revenue (calculated)**: 11,954,000,000 US dollars - **Gross profit (calculated)**: 18,074,000,000 US dollars - **Operating expenses (calculated)**: 12,227,000,000 US dollars - **Operating Income**: 5,847,000,000 US dollars - **Total other income (expense)**: negative 978,000,000 US dollars - **Income Before Income Taxes**: 4,869,000,000 US dollars - **Income tax expense**: 1,118,000,000 US dollars - **Net Income**: 3,751,000,000 US dollars - **Service**: 24,842,000,000 US dollars - **Equipment**: 5,186,000,000 US dollars - **Cost of goods and services sold**: 5,143,000,000 US dollars - **Other cost of revenues (exclusive of depreciation and amortization shown separately below)**: 6,811,000,000 US dollars - **Selling, general and administrative**: 7,021,000,000 US dollars - **Asset impairments and abandonments and restructuring**: 159,000,000 US dollars - **Depreciation and amortization**: 5,047,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to AT&T INC.: $3.45 B; to noncontrolling interests: $306.00 M. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/t/fy2024-q1-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/t-fy2024-q1-revenue-by-business-segment-sankey.png Income statement for 2024-01-01 through 2024-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total operating revenues**: 30,028,000,000 US dollars - **Cost of revenue (calculated)**: 11,954,000,000 US dollars - **Gross profit (calculated)**: 18,074,000,000 US dollars - **Operating expenses (calculated)**: 12,227,000,000 US dollars - **Operating Income**: 5,847,000,000 US dollars - **Total other income (expense)**: negative 978,000,000 US dollars - **Income Before Income Taxes**: 4,869,000,000 US dollars - **Income tax expense**: 1,118,000,000 US dollars - **Net Income**: 3,751,000,000 US dollars - **Communications**: 28,857,000,000 US dollars - **Latin America - Mexico**: 1,063,000,000 US dollars - **Cost of goods and services sold**: 5,143,000,000 US dollars - **Other cost of revenues (exclusive of depreciation and amortization shown separately below)**: 6,811,000,000 US dollars - **Selling, general and administrative**: 7,021,000,000 US dollars - **Asset impairments and abandonments and restructuring**: 159,000,000 US dollars - **Depreciation and amortization**: 5,047,000,000 US dollars - **Revenue before reconciliation (calculated)**: 29,920,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Corporate**: 108,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Communications costs (calculated)**: 22,112,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Latin America - Mexico costs (calculated)**: 1,060,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: 1,009,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue. - Of which attributable to AT&T INC.: $3.45 B; to noncontrolling interests: $306.00 M. ## Chart details: Revenue by Subsegment Eliminations - Page: https://plicit.ai/financials/t/fy2024-q1-income-statement/revenue-by-subsegment-eliminations - Chart image: https://plicit.ai/charts/t-fy2024-q1-revenue-by-subsegment-eliminations-sankey.png Income statement for 2024-01-01 through 2024-03-31. View: Subsegments Consolidation Items. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total operating revenues**: 30,028,000,000 US dollars - **Cost of revenue (calculated)**: 11,954,000,000 US dollars - **Gross profit (calculated)**: 18,074,000,000 US dollars - **Operating expenses (calculated)**: 12,227,000,000 US dollars - **Operating Income**: 5,847,000,000 US dollars - **Total other income (expense)**: negative 978,000,000 US dollars - **Income Before Income Taxes**: 4,869,000,000 US dollars - **Income tax expense**: 1,118,000,000 US dollars - **Net Income**: 3,751,000,000 US dollars - **Total Corporate**: 108,000,000 US dollars - **Certain significant items**: 0 US dollars - **Undisclosed (calculated)**: 29,920,000,000 US dollars - **Cost of goods and services sold**: 5,143,000,000 US dollars - **Other cost of revenues (exclusive of depreciation and amortization shown separately below)**: 6,811,000,000 US dollars - **Selling, general and administrative**: 7,021,000,000 US dollars - **Asset impairments and abandonments and restructuring**: 159,000,000 US dollars - **Depreciation and amortization**: 5,047,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to AT&T INC.: $3.45 B; to noncontrolling interests: $306.00 M.